Required information [The following information applies to the questions displayed below.] Dunphy Company issued $38,000 of 8.5%, 10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31 . Prepare the entries for (a) the issuance of the bonds and (b) the first interest payment on June 30. Journal entry worksheet 2 Required information [The following information applies to the questions displayed below] Dunphy Company issued $38,000 of 8,5%,10-year bonds at par value on January 1. Interest is paid semiannually each June 30 and December 31 . Prepare the entries for (d) the issuance of the bonds and (b) the first interest payment on June 30. Journal entry worksheet